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This study focuses on the current and future growth opportunities in the Indian two-wheeler (2W) market. A comparison of the maintenance cost of both ICE and E2Ws, market attractiveness, and total 2W ViO are also included. The data and key drivers for both ICE and electric two-wheeler segments are included for FY2016–2021 and forecasts for FY2022–...

Total demand for select construction and mining equipment market in India was found to be 105,811 units in FY2013. The market for new C&ME is likely to grow at a CAGR of 9.6% to 166,876 units in FY2018. Large allocations by government to public projects such as NHDP, Metro, and BRTS in India and strong emphasis on construction and real estate is li...

Domestic sales in the Indian passenger vehicles (PV) market grew from 3.2 million units in FY2018 to 3.3 million units in FY2019. The study estimates the market size of the Indian PV market, as well as segment forecasts up to FY2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV ma...

Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV market in India are e...

19 Feb 2018  |  South Asia, Middle East & North Africa  |  Market Research

Iranian Automotive Market, Forecast to 2022

Sales Volume of Passenger Vehicles, Commercial Vehicles, and Buses and Minibuses to Reach 2.61 Million Units by 2022

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The Iranian passenger vehicles (PV) market is projected to grow, recording a compound annual growth rate (CAGR) of 13.6% during 2016–2022 with the potential lifting of sanctions and the entry of foreign original equipment manufacturers (OEMs) and suppliers. By 2022, the B segment, with a 46% market share, will be most preferred segment cannibalisin...

The Indian commercial vehicle market is experiencing changes due to heavy regulatory winds, changes in customer preferences, segment shifts, increasing adoption of technology, and digitalization. Aspirational trajectory of economic potential, growing population, consumer commodity spending, infrastructure developments, overall manufacturing, and ag...

22 Feb 2021  |  South Asia, Middle East & North Africa  |  Market Research

Profiles of Key Electric Vehicle (EV) Manufacturers Making an Impact on the Indian Market

The Two-wheeler Segment is Witnessing the Emergence of a Number of Start-ups, which is Driving Competition and Advancements in Technology

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The automotive industry is rapidly evolving in terms of technology and its ability to tackle environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative as they offer low or zero emissions and have come a long way to become an integral part of OEMs business strategies. Automakers are creating separate EV business...

The growth of online models will increase product-based or bundled cross selling across distributor Web stores, equipment dealer networks, B2B and B2C eCommerce Web pages, and mobile apps. The increasing sale of aftermarket spares and lubricants through online marketplaces will also lead to the seamless sale of used equipment, with a win-win model...

In the Indian commercial electric 3-wheeler (e3W) space, original equipment manufacturers (OEMs) are focusing on exports to sustain business and continuously exploring new markets to penetrate and mitigate losses in the domestic market. Electric L5 3Ws are currently in high demand in nations such as the United Kingdom, Greece, France, Sub-Saharan A...